An inexperienced bookkeeper prepared the following trial balance that does not balance. Prepare a correct trial balance,
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An inexperienced bookkeeper prepared the following trial balance that does not balance. Prepare a correct trial balance, assuming all account balances arenormal.
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PETTENGILL COMPANY Trial Balance December 31, 2010 Debit $20,800 Credit 3,500 Prepaid Insurance Accounts Payable Unearned Revenue Common Stock Retained Earnings Dividends Service Revenue Salaries Expense Rent Expense 1,800 10,000 6,400 5,000 25,600 14,600 2,400 $37,200 $55,400
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Related Book For
Financial Accounting Tools for Business Decision Making
ISBN: 978-0470239803
5th Edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
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